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Gold extends record run to above $2,570
The break above $2,531.75 yesterday in the Gold price has not yet looked back. An update sent out here when the metal lifted above $2,535 warned the reader on that prospect. So, the metal continued to hold its record gains and advance further into the US close, where it ended that session at $2,557.90. Today it has continued to press higher and now reached a new all time record high, at $2,570.30 a short while ago. Gold has been assisted by the usual Yen/Gold dynamic, as the USD/JPY falls back below 141 this morning. US treasury yields are now a little lower once more and that has helped too. Gold is currently trading at $2,566.25
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Gold edging lower again- more updates early tomorrow morning
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
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DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
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Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
